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    Accounting Understanding and Practice
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    Exam 10: Trial Balance to Final Accounts
  5. Question
    Closing Inventory Appears Twice in the Final Accounts,as a Debit
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Closing Inventory Appears Twice in the Final Accounts,as a Debit

Question 10

Question 10

True/False

Closing inventory appears twice in the final accounts,as a debit on the balance sheet and a credit on the income statement

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